Silver Price Forecast: US Dollar rebound pressures XAG/USD...

Silver Price Forecast: US Dollar rebound pressures XAG/USD ahead of US jobs report

Published Aug 06, 2026 12:31 PM Last refreshed Aug 06, 2026 1:01 PM Source: EODHD Event Time: Aug 06, 2026 12:31 PM

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Silver Price Forecast: US Dollar rebound pressures XAG/USD ahead of US jobs report

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-us-dollar-rebound-pressures-xag-usd-ahead-of-us-jobs-report-202608061631
Published: Aug 06, 2026 12:31 PM

Silver (XAG/USD) trades lower at around $60.95 on Thursday at the time of press, down 1.73% on the day. The precious metal is facing profit-taking as the US Dollar (USD) regains momentum, with the US Dollar Index (DXY) advancing about 0.30% to trade near the psychological 100.00 level.

Market context: This update is relevant to silver traders, with XAGUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.